Landstar System (LSTR) Stock Price, News & Analysis

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LSTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LSTR, but not buy additional shares or sell existing shares.
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9 Wall Street analysts have issued 1-year price targets for Landstar System's shares. Their LSTR share price targets range from $145.00 to $215.00. On average, they expect the company's share price to reach $184.55 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
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Landstar System's stock was trading at $193.65 at the start of the year. Since then, LSTR stock has decreased by 13.2% and is now trading at $168.03.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
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Landstar System will be holding an earnings conference call on Thursday, April 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Landstar System, Inc. (NASDAQ:LSTR) released its quarterly earnings data on Wednesday, January, 31st. The transportation company reported $1.62 EPS for the quarter, missing analysts' consensus estimates of $1.63 by $0.01. The transportation company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.25 billion. Landstar System had a trailing twelve-month return on equity of 26.73% and a net margin of 4.99%.

Landstar System announced a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Monday, February 12th will be given a dividend of $0.33 per share on Friday, March 8th. This represents a $1.32 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for LSTR.

Landstar System (NASDAQ:LSTR) pays an annual dividend of $1.32 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 17.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LSTR will have a dividend payout ratio of 15.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LSTR.

ETFs with the largest weight of Landstar System (NASDAQ:LSTR) stock in their portfolio include SPDR S&P Transportation ETF (XTN), Ballast Small/Mid Cap ETF (MGMT), VictoryShares THB Mid Cap ESG ETF (MDCP), ProShares Supply Chain Logistics ETF (SUPL), Victoryshares Dividend Accelerator ETF (VSDA), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Landstar System issued an update on its first quarter 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of 1.250-1.350 for the period, compared to the consensus EPS estimate of 1.630. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

45 employees have rated Landstar System Chief Executive Officer Jim B. Gattoni on Glassdoor.com. Jim B. Gattoni has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include AbbVie (ABBV), Cisco Systems (CSCO), Pfizer (PFE), Advanced Micro Devices (AMD), Intel (INTC), Procter & Gamble (PG), Verizon Communications (VZ), Boeing (BA), Gilead Sciences (GILD) and General Mills (GIS).

Landstar System's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mountain Pacific Investment Advisers Inc. ID (0.73%), Alaska Permanent Fund Corp (0.18%), Cardinal Capital Management (0.05%), CWM LLC (0.05%), Bridge City Capital LLC (0.05%) and FCF Advisors LLC (0.02%). Insiders that own company stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, Michael K Kneller and Ricardo S Coro.
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Shares of LSTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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